5,444 Shares in Frontdoor, Inc. (NASDAQ:FTDR) Acquired by Values First Advisors Inc.

Values First Advisors Inc. bought a new stake in Frontdoor, Inc. (NASDAQ:FTDR) in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm bought 5,444 shares of the company’s stock, valued at approximately $298,000.

Several other institutional investors also recently bought and sold shares of FTDR. Harbor Capital Advisors Inc. lifted its holdings in shares of Frontdoor by 84.0% during the 3rd quarter. Harbor Capital Advisors Inc. now owns 184,408 shares of the company’s stock valued at $8,850,000 after purchasing an additional 84,167 shares during the last quarter. Meeder Asset Management Inc. increased its position in Frontdoor by 362.8% during the 3rd quarter. Meeder Asset Management Inc. now owns 24,590 shares of the company’s stock valued at $1,180,000 after buying an additional 19,277 shares in the last quarter. Verition Fund Management LLC raised its stake in Frontdoor by 255.5% in the third quarter. Verition Fund Management LLC now owns 21,757 shares of the company’s stock valued at $1,044,000 after buying an additional 15,637 shares during the last quarter. Atria Investments Inc acquired a new stake in Frontdoor in the third quarter worth about $315,000. Finally, Geode Capital Management LLC grew its stake in shares of Frontdoor by 3.7% during the third quarter. Geode Capital Management LLC now owns 2,113,474 shares of the company’s stock worth $101,442,000 after acquiring an additional 74,542 shares during the last quarter.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on FTDR. Truist Financial increased their price objective on shares of Frontdoor from $56.00 to $58.00 and gave the company a “buy” rating in a research report on Tuesday, November 5th. The Goldman Sachs Group upped their price target on shares of Frontdoor from $41.00 to $46.00 and gave the company a “sell” rating in a research note on Tuesday, November 5th. One analyst has rated the stock with a sell rating, one has given a hold rating and three have assigned a buy rating to the company’s stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and an average price target of $49.50.

Insider Buying and Selling at Frontdoor

In related news, SVP Kathryn M. Collins sold 25,784 shares of the firm’s stock in a transaction dated Tuesday, December 10th. The stock was sold at an average price of $58.06, for a total transaction of $1,497,019.04. Following the sale, the senior vice president now directly owns 9,429 shares of the company’s stock, valued at $547,447.74. This trade represents a 73.22 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, COO Evan Iverson sold 16,000 shares of Frontdoor stock in a transaction that occurred on Wednesday, December 11th. The shares were sold at an average price of $58.84, for a total value of $941,440.00. Following the transaction, the chief operating officer now owns 4,955 shares of the company’s stock, valued at approximately $291,552.20. This represents a 76.35 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Company insiders own 0.29% of the company’s stock.

Frontdoor Trading Down 0.9 %

Frontdoor stock opened at $57.75 on Thursday. The stock has a 50-day moving average price of $57.59 and a 200 day moving average price of $52.65. The company has a market capitalization of $4.38 billion, a price-to-earnings ratio of 19.12 and a beta of 1.08. Frontdoor, Inc. has a 52 week low of $29.41 and a 52 week high of $63.49. The company has a quick ratio of 1.42, a current ratio of 1.42 and a debt-to-equity ratio of 2.16.

Frontdoor Profile

Frontdoor, Inc provides home warranties in the United States in the United States. Its customizable home warranties help customers protect and maintain their homes from costly and unplanned breakdowns of essential home systems and appliances. The company’s home warranty customers subscribe to an annual service plan agreement that covers the repair or replacement of principal components of approximately 20 home systems and appliances, including electrical, plumbing, water heaters, refrigerators, dishwashers, and ranges/ovens/cooktops, as well as electronics, pools, and spas and pumps; and heating, ventilation, and air conditioning systems.